There’s a lot to talk about Verizon (VZ) – and it’s showing real promise for the future.
Getting dividend payments from Verizon generally means that you’re putting your money to work by buying equity in the company and holding until the next dividend payment.
If you buy Verizon stock on or after the ex-dividend payment date, you’re not entitled to the next paid dividend.
If you buy Verizon stock one day before their ex-dividend date, you will receive some dividend payment.
The annual percentage rate (APR) that is paid in return for Verizon dividends is currently 6.81%. Verizon dividends is considered to have one of the highest dividends in the stock market, and it’s much higher than AT&T.
At the current price of $39.33, with an investment amount of $10,000. You will make a total of $681 for the year from Verizon dividends.
Number of shares | Current price | Dividend yield | Annual return |
100 | $39.33 | 6.81% | $267.83 |
Verizon pays dividend 4 times out of the year–the dividend payment dates are in January, April, July, and October. You must hold the Verizon stock asset for 3 months to get your quarterly Verizon dividend payment.
You’re Verizon dividends are paid in January, April, July, and October. When you get your Verizon dividend pay it will sent in the form of cash in the brokerage account that you’re holding the asset in.
A very unlikely, but possible that a risk would be Verizon dividend cuts or elimination. For this to happen Verizon would have to be at a financial risk – with that being said, the company has been around for 39 years and they have a 16 year history of increasing their dividend payment.
With Verizon having a low beta level of 0.35, having a high dividend annual rate of 6.81% compared to many other stocks. However, if you’re in it for the long run, and don’t mind the slow growth & the high dividend annual rate, Verizon offers a reliable way to increase your holdings – and potentially your long-term profits as well.
You can buy Verizon stock from several well-known exchanges, including:
Since its inception in 1883, Verizon has grown from a trading range of a few dollars up to an all-time high of nearly $64. Since that time, trading has settled in at a lower range, with an average of between $34 and $54. Verizon has proven to be a resilient stock during bear markets for investors and has one of the highest dividend stock payments out there.